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A proposal to creditors is made by an insolvent debtor having difficulty meeting payments. Which of...

A proposal to creditors is made by an insolvent debtor having difficulty meeting payments. Which of the following is​ true?

A.

The proposal must require at least 50 percent of the total debt to be repaid.

B.

The proposal must be rejected by creditors within 45​ days, or it will be deemed to be accepted.

C.The proposal must be for an amount over

​$50 comma 00050,000.

D.

The history will remain on the credit bureau report for 3 years after terms have been met

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